ONTARIO – KWG Resources of Toronto has released the inferred resource number for the Black Horse chromite deposit on which it has an option. The deposit is part of the Koper Lake project in the Ring of Fire.
Using a 20% Cr2O3 cut-off, the Black Horse deposit has an inferred resource of 43.8 million tonnes grading 37.5% Cr2O3. The block model of the deposit puts it at 700 metres long with a down dip extent of 1,000 metres, reaching vertically from 280 metres to 1,400 metres below surface.
Further drilling is recommended to infill data and better define the limits and continuity of the mineralization. KWG estimates such a program will cost $6.7 million.
More information about Black horse and a claim map is available at KWGresources.com.